Ridgewood Savings Bank
Ridgewood Savings Bank, a prominent financial institution headquartered in the United States, has been serving its community since its establishment in 1921. With a strong presence in New York City and its surrounding areas, the bank operates primarily in the banking and financial services industry, focusing on personal and commercial banking solutions. Offering a range of core products, including savings accounts, mortgages, and business loans, Ridgewood Savings Bank distinguishes itself through personalised customer service and competitive interest rates. Over the years, the bank has achieved significant milestones, solidifying its reputation as a trusted partner for individuals and businesses alike. With a commitment to community engagement and financial education, Ridgewood Savings Bank continues to enhance its market position as a reliable choice for banking needs.
DitchCarbon Score
How does Ridgewood Savings Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ridgewood Savings Bank's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ridgewood Savings Bank's reported carbon emissions
Ridgewood Savings Bank currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that the bank may not have formalised its climate commitments or established measurable targets for emissions reduction at this time. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate action, often setting Science-Based Targets (SBTi) to align with global climate goals. However, without specific commitments or data from Ridgewood Savings Bank, it is unclear how they are addressing climate change or contributing to emissions reduction efforts. As the financial sector continues to evolve towards more sustainable practices, it will be important for Ridgewood Savings Bank to consider developing and communicating its climate strategy to align with industry standards and expectations.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ridgewood Savings Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
